Cadence Bancorporation Class A Stock News

HOUSTON and TUPELO, Miss. , Dec. 30, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company) today announced it has adjourned its special meeting of shareholders held this afternoon until Monday, Jan. 27, 2025, at 3 p.m.

Initially rated Cadence Bank as a 'hold' due to declining profitability, but recent strong performance and a 27.7% stock increase warrant an upgrade to 'buy'. Cadence Bank, with dual headquarters in Mississippi and Texas, has over 350 locations and focuses on high-growth markets like Florida and Texas. Recent financials show significant growth in deposits, loans, and net interest income, alongs...

ATLANTA , Nov. 20, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust. Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive leadership roles including president of the Southeast region and chief administrative officer ...

HOUSTON and TUPELO, Miss. , Oct. 23, 2024 /PRNewswire/ -- At its meeting today, the board of directors of Cadence Bank (NYSE: CADE) (Cadence) declared a quarterly cash dividend of $0.25 per share of common stock.

Cadence Bank (NYSE:CADE ) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Will Fisackerly - Director, Corporate Finance Dan Rollins - Chairman and Chief Executive Officer Valerie Toalson - Chief Financial Officer Billy Braddock - Chief Banking Officer Chris Bagley - President and Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley ...

HOUSTON and TUPELO, Miss. , Oct. 21, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) (the Company), today announced financial results for the quarter ended September 30, 2024.

Southern bank Cadence has outperformed over the past 12 months, as its net interest margin has perked up after being hurt following the steep rise in industry-wide funding costs. CADE had a slightly weaker loan and earning-asset beta over the hiking cycle, though with room to bring funding costs down, that can help it now that rates are falling. EPS is seen growing nicely next year. With these ...

HOUSTON and TUPELO, Miss. , Sept. 24, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) will release its third quarter 2024 earnings on Monday, October 21, 2024, after the close of the financial markets.